Spring 2024 Economic Forum

With an election getting ever closer, NIESR’s Spring Quarterly Outlook provides a closer look into the year's economic prospects.

Domestically, inflation looks to be coming back to target and economic growth is showing some signs of recovery, although the medium-term trend is still one of the same sluggish performance, we have seen for much of the last decade. In an election year, with poor productivity growth being among the key problems facing the economy, the question about the policies any incoming administration should enact to achieve noticeable improvements remains. Alongside this exists the challenge of reducing the continued high levels of inactivity within a labour market that remains tight.

Globally, the rising tension in the Middle-East and the ongoing conflict in Ukraine means that geopolitical uncertainty has increased. What has its effect been on global economic growth, and how might this change should the crises escalate? Whilst there have been significant falls in headline inflation across the advanced economies, will this uncertainty lead to higher rates for longer as central bankers attempt to navigate their way back to target?

Join this webinar online to hear our expert commentators exploring these issues, as well as provide insight into the impact of the Bernanke Review of the Bank of England’s forecasting process. Following the presentations there will be an opportunity for audience members to ask questions and delve further into the analysis that has been presented.